“The reopening of renovations in occupied homes ahead of schedule will provide a much needed boost to the residential building industry and help many families who have been waiting for their home renovations projects to either commence or resume,” said HIA’s Victorian Executive Director, Fiona Nield.
“Today’s (October 13 2021) data from the Australian Bureau of Statistics confirms the size of the HomeBuilder boom, with more detached house commencements than in any previous quarter or year on record,” stated HIA Economist Tom Devitt.
The decision by the Victorian Government to shutdown all building sites in Melbourne and certain municipalities for the next two weeks is both disappointing and challenging for the residential building industry.
The Victorian Government is delivering the largest ever investment in housing across regional Victoria, ensuring those who need it most have a safe and secure place to call home in their local community.
“The strength in New Home Sales in recent months indicates that the boom in detached home building will continue to create strong employment opportunities into the second half of 2022,” stated HIA Economist Tom Devitt.
The Victorian Government is ramping up delivery of the landmark Big Housing Build, with the first allocation of funds to community housing projects that will create thousands of new homes and jobs across Victoria.
With a major source of transmission in Victoria’s latest outbreak now linked to construction sites, a massive compliance blitz is starting to ensure the sector remains open and COVIDSafe.
Boosting industry capability to implement the NSW Government’s building reforms has required targeted research to understand the current state of digital use among designers and contractors.
The Housing Industry Association (HIA) is pleased to see clear confirmation in research released by the National Housing and Finance Investment Corporation (NHFIC) that the price of new homes is directly increased by the various developer charges being applied by local and state governments.
Work is underway on the Windellama Road, with $5.5 million to be spent on the road over the next two years.